Batesville
In any given year there is a lot that happens in any industry or profession. And, there was a lot that happened in death care in 2023 such as the continuing Federal Trade Commission continuing to look into and holding hearings on the status of “The Funeral Rule”. Or, on the more…
Read MoreOn October 30, 2023, Batesville issued a press release introducing the “Generations by Batesville” — “a new line of sustainable caskets designed to address the increasing demand for more enviornmentally-friendly products“. You can see the press release here. Of the new line of caskets, Jenn Parvin, SVP and Chief Marketing Officer for…
Read MoreLast week Hillenbrand Industries reported their Fiscal Year 4th Quarter of 2022 and their Year End results for Fiscal Year 2022. It is noted that Hillenbrand operates on an annual fiscal year calendar from October 1 to September 30. Over the years Hillenbrand has moved from a company predominantly based in the death care business…
Read MoreIt is our custom at Funeral Director Daily to post the top-read stories of the past 30 days at the middle of every month. Just in case you missed one or two of them. . here they are. In addition we are putting out some information for that you may find useful pertaining to the…
Read MoreEarlier this summer we brought you this article which brought information that parent company Hillenbrand Industries was contemplating “strategic alternatives” for its Batesville division. Last week Forbes contributing writer Jim Osman expressed in this article his opinion that the Batesville division should be “spun-off” from Hillenbrand in order to unlock “shareholder value”. Osman contends that…
Read MoreHillenbrand Industries, the parent company of Batesville Casket, reported its 3rd Quarter results earlier in the week. The 3rd Quarter for Hillenbrand encompasses the April thru June time period. It’s interesting to note that the Batesville segment of the business carried through with what we have been seen in the death care profession with other…
Read MoreHillenbrand Industries, parent company of Batesville, reported its 2nd Quarter 2022 (January thru March) last week and with it reported that the Batesville division increased their sales over the same quarter of last year by 6% to $176 million for the quarter. That was done, for the most part, by implementing a “price surcharge”…
Read MoreOn Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677. On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021. That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to…
Read MoreHillenbrand Industries, parent company of Batesville Casket Company, announced last week that current CEO Joe A. Raver will be retiring at the end of 2021. The following day, Kimberly K. Ryan will succeed him as CEO of the company. In a press release that you can read here, Hillenbrand Chairperson Joe Loughrey describes Raver, “A…
Read MoreAs of last Friday, June 4, we were over five months into the 2021 calendar year. Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…
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